seed round

“What we did when we started pitching, and we were supposed to go out and raise our seed round, we started by pitching other startups. And we would just contact other startups and their founders and say, like, hey, we're a startup as well, we have this pitch, a…”

“You could argue that probably the biggest drop off happens between the seed and the a rather than the a and the b. And I think that's just because there is so much seed money and there are so many seed funds compared to a funds where, you know, you really, tha…”

“Seed rounds have really, really gotten a lot bigger in the in the last three or four years, to the point now where you have a pre-seed Round. So you might have a friends and family round of, you know, 25 to 50,000 dollars to get you off the ground. You then do…”

“In 2008, there's very little difference between a seed round and a friends and family round”

“At the seed round, investors aren't necessarily looking for what's a great idea. What they're looking for is what a Series A investor will think is a great idea.”

“When we started investing in 2010, you know, your average seed round was about a million bucks or slightly larger.”

“We set out to raise a million dollars. We ended up oversubscribing that round to three and a half”

“Investors kind of set the tone. And sometimes the implied conversation there is, what do you need to do? You need to do A, B, and C in order to raise your seed bounce. You need to do D, E, and F to raise your series A. And I think that's just a really wrong wa…”

“At that time, a seed round was 500,000 dollars. Today, a seed round is two to three million dollars, if not more.”

“If you are building a company that's going to take more capital, it makes sense to raise a larger seed because you know that it's going to take you much longer to get to those Series A milestones and those Series B milestones.”

“We don't want to lead seed rounds. We don't want to lead series A rounds. We want to be sort of second or third biggest check on a cap table.”

“And today, as you know, like 500 K is less than the average pre-seed round, right? And seed rounds are often in the millions.”

“So two million, you can do a party round. Five million, it's much harder to do a party round now.”

“Often with a seed round, you get to tens of millions in revenue.”

“I don't think that it will persist because at some point the multistage funds will say, hey, it's not really worth, worth our time and effort to invest at this stage. And, you know, they'll, they'll turn their attention to later stage rounds where you write bi…”

“If you lead the seed round and somebody good is following on, you kind of have to follow on.”

“When a seed round is priced at 20 post, 30 post, it's not non-consensus. It's priced to perfection, and it's priced in a way that everybody believes it's gonna succeed, that it's a hot deal. And that's bad for two reasons. It's bad for the investor, Because ev…”

“But I think if you're leading seed rounds today, you can't have less than a hundred million dollars.”

“The median age of a company that raises a pre-seed round is 1.2 years of age now. And the median age of a company that raises a seed round is 2.7.”

“I do think that when people invest more, they naturally end up being closer to the companies. So I think if somebody does half of your seed round versus if they are a small angel, you will generally get more time, but it's not proportionate. And to your point,…”

“There's data from Carta that shows you that if you look at priced rounds from Q one of 20, 21 compared to, let's say Q four of last year, the only round that increased in valuation Was the seed round”

“When at a seed round or a series A round, when you're walking away at price, it is a bit of lack of conviction, and you really should be looking at the mirror and say, why don't I have conviction? Because if you call, if you make the right call at seed, you're…”

“I think the seed round is like, if there's one round, and I think this is like an interesting topic, like how funding dynamics and whether you need BC, but I think if there's one round that is Will be essential for forever. It is that first round, right? And i…”

“The advice we've seen, or the trends we've seen over the last few years is that founders were getting way over diluted in their seed round. They're giving away 25 or 30% of their company at seed.”

“It's not unusual for us to see seed rounds for companies that are just getting started being priced in the many tens of millions of dollars, even a hundred million dollar plus post money ranges.”

“And, you know, after you know, we kind of spend like 70 or 80% of our seed round, we sat down and said to ourselves, look, something is not working.”

“The jumbo seeds, like, up six to seven times in volume than they were a couple of years ago, and the seed rounds that are five million plus are a fifth of the industry right now.”

“There's a lot more dilution sensitivity at seed where very often today the whole round is 10% and we're able to do seven and a half with two and a half for angels. Whereas before it was 15 with 12 and a half and two and a half. And I've really seen that compre…”

“The seed round we raised before we had any ideas. So we raised from Andreessen Horowitz.”

“It's always been the case. It's always been the case, even 30 years ago, that someone invests you know, you have a seed round basically founders in the idea it's priced low. And then a year and a half later, basically, they have now 20 people, they have an off…”

“The very fact that after a year or two they don't have signs of product market fit, maybe it means that, you know, it should be worth less than what it was worth at the seed, because at the seed you had the option value of maybe within a year or two you will h…”

“I look at Series A today, dude, and I think it's the worst place to be investing, and so I'd love your thoughts on this. You know, we have 200 XAROs, 150 XAROs, there's very little company progression from the seed round, but there's a very steep price increas…”

“Remember we originally tried to go out and raise five hundred million and then had to re-anchor to only raising a hundred million dollar seed round”

“The top five percent of seed rounds hit two hundred million dollar valuation.”